In conjunction with a potential correction from BTC and providing there's isn't total selloff across crypto - I think the price could fall into the blue box region before continuing upwards to confirm the cup handle that's in place and carry on the parabolic step up.
Interested here your thoughts.
Possible swing high in play leading to lower prices temporarily- if a bounce before or in the first blue box doesn't occur, I expect a pull back to the second blue box coming in around $3.150.
If the price continues up and breaks over head resistance at $4.200 I expect go to another leg up to go to $4.400.
Bears have taken control of Link and have sunk the price down to the red trend line which has been acting as critical line of support for the short term. If broken I believe we come down to the next bit of support in the blue box at around $3.466 or even possibly even further to meet the 200ma on the 4 Hour.
If this holds however, I anticipate a retest of the...